Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cipher Digital's gross profit for the
three
months ended in Jun. 2026 was $-32.6 Mil. Cipher Digital's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $-19.2 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Cipher Digital's gross profit for the
three
months ended in Jun. 2026 was $-32.6 Mil. Cipher Digital's Revenue for the
three
months ended in Jun. 2026 was $24.8 Mil. Therefore, Cipher Digital's Gross Margin % for the quarter that ended in Jun. 2026 was -131.13%.
Cipher Digital had a gross margin of -131.13% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
During the past 5 years, the highestGross Margin % of Cipher Digital was 75.37%. The lowest was -10.04%. And the median was 23.49%.
Cipher Digital (NAS:CIFR) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Cipher Digital had a gross margin of -131.13% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
Cipher Digital Gross Profit Related Terms
Cipher Digital Gross Profit Historical Data
* Premium members only.
The historical data trend for Cipher Digital's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Information Technology Services subindustry, Cipher Digital's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cipher Digital Gross Profit vs Software Industry
For the Software industry and Technology sector, Cipher Digital's Gross Profit distribution charts can be found below:
* The bar in red indicates where Cipher Digital's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.2 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Cipher Digital (CIFR) has a Gross Profit of $-19.2 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Cipher Digital and its competitors.
Is Cipher Digital's Gross Profit too high?
Cipher Digital's current Gross Profit is $-19.2 Mil. Overall, Cipher Digital has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cipher Digital's Gross Profit compare to IT and JKHY?
Cipher Digital's Gross Profit of $-19.2 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Software company?
A good Gross Profit depends on the Software industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Cipher Digital and its competitors. Cipher Digital's current Gross Profit is $-19.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipher Digital stock overvalued right now?
Based on GuruFocus' analysis, Cipher Digital (CIFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.72, compared to a current price of $18.21 — trading 218.4% above its estimated fair value. The current Gross Profit is $-19.2 Mil. Cipher Digital's overall GF Score™ is 37/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Cipher Digital (CIFR), the current Gross Profit is $-19.2 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cipher Digital (CIFR) Overvalued in 2026?
Based on GuruFocus' analysis, Cipher Digital stock appears to be overvalued.
The current stock price of $18.21 is trading 218.4% above its estimated GF Value™ of $5.72.
GuruFocus considers Cipher Digital to be Significantly Overvalued.
Key valuation signals for CIFR:
Gross Profit: $-19.2 Mil
GF Value™: $5.72 vs. price of $18.21 (218.4% above fair value)
No single metric tells the full story. See the CIFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cipher Digital Inc is focused on high-performance computing (HPC) data center development and operations. It is engaged in developing and operating data centers designed for HPC workloads. Its operations include managing power assets and capital allocation in response to market conditions and demand for AI-related computing capacity.
37GF Score
Get the complete analysis for CIFR
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CIFR has been successfully added to your 
